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Limitations of standard costing?
Limitations of Standard Costing # It cannot be used in those organizations where non-standard products are produced. If the production is undertaken according to the customer specifications, then each job will involve different amount of expenditures. # The process of setting standard is a difficult task, as it requires technical skills. The time and motion study is required to be undertaken for this purpose. These studies require a lot of time and money. # There are no inset circumstances to be considered for fixing standards. The conditions under which standards are fixed do not remain static. With the change in circumstances, if the standards are not revised the same become impracticable. # The fixing of responsibility is not an easy task. The variances are to be classified into controllable and uncontrollable variances. Standard costing is applicable only for controllable variances. For instance, if the industry changed the technology then the system will not be suitable. In that case, we will have to change or revise the standards. A frequent revision of standards will become costly.
Difference between Single ascending dose study and Multiple Ascending Dose studies?
Single ascending dose study: a small group of subjects receive single dose of the investigated drug; the dosage is escalated for a new group of subjects only when certain safety criteria are met after a period of observation time Multiple asceding dose study: a group of subject receive multiple dosing of the investigated drug and a number of PK/PD parameters are observed. Later the dosage is escalated for another new group of subjects for multiple dosing, until a predefined dose level.
Is Sharp container should be filled?
Only two thirds
Should A comma should appear after each item in a series?
Only if there are more than 2 objects in the series.
When the chemist designs his experiment what should be the only independent variable?
temperature
What types of accidents should be investigated?
All types of accidents should be investigated in order that they can eventually be prevented. Certainly any accident that involves injury or destruction of property should be evaluated for cause.
Do fungi reproduce sexually only when conditions become unfavorable?
sexually
What is a three letter word for unfavorable?
The only word I know of that is basically the same would be "ill."
Are unfavorable variances credits or debits?
For most accounting entities in the United States, variances are neither debits nor credits, because variances are not recorded on the books of a business. A variance is simply the difference between what we expected the business to earn or spend and what it actually did earn or spend. Only the things that actually did happen are recorded on the books. But the amount we had expected to earn at the beginning of the year can be found in the budgets, forecasts or plans we created for the year when we set up budgets for the year. The difference between what we budgeted for and what actually happened is called the variance from budget. For example, if at the beginning of 2008, we projected that we would have total sales of $5 million dollars for the entire year, but twelve months later, we found that we had had only $4 million in sales in 2008, there is a variance of $1 million dollars, and it is unfavorable, because we actually had less sales revenue than we thought we would earn at the beginning of the year. But if our actual sales for 2008 totalled $6 million, the variance would still be $1 million, but it would be a favorable variance, because we made $1 million more in sales ($6 million) than we originally thought we would (5% million). If actual expenses are higher than the budgeted amount, the difference between the two amounts is an unfavorable variance, because we spent over budget, which reduces our profits. However, if actual expenses are lower than the budgeted amount, the difference is a favorable variance, because we were able to spend less than we thought we would have to, and our profits would be higher.
Is it possible to investigate a phone?
Yes you can. Police know how to. The only type of phone that cannot be investigated is Blackberry!
Can a nation have a favorable balance of trade and an unfavorable balance of payments?
Yes, as the balance of trade is only one part of the balance of payments
A system governed only by common cause variation is a system that?
A system governed only by common cause variation is a system that A. Out of control b. Should be stopped and investigated for assignable causes c. is predictable within established statistical limits d. is not stable
What is an undesirable inferior hotel?
It is a hotel that is poorly-facilitated or located in unfavorable areas that only if your income falls will you consider.
What is the job called when you read facial expressions?
If you don't know, it is not the job for you. Obviously that could only be part of a position that you have not fully investigated.
How many times does the word all appear in Romans?
You should include the exact version that you are using when asking a question like this, since there will be inevitable variances in how passages are translated. While you might consider one and only one version to be the 'true' bible, at a site like this we should all be open to the reality that there are many versions of scripture used by many strong believers.
Is it natural to be prejudice?
Only if you're born with the tragic disease, humanity.
Is there something wrong with my male cat when he had a small white discharge from peeing?
This needs to be investigated by a vet, as only a vet will be able to tell you what is wrong.
